Edinburgh Fixed Price Property

If you have looked at property in the last year or two you will have noticed how often properties go to a ‘closing date’ and are sold for in excess of the Home Report Valuation. You may not be in a position to pay over the HR valuation as you don’t have the deposit or you simply don’t want to go too far over the valuation to secure a property.

While most properties in the Edinburgh area are sold at closing dates and are sold within in a week or two of going onto the market, there are still properties on the market which are either available at fixed price or have been on the market for a number of months. As a generalisation the longer the property has been on the market the less chance of a closing date being set, therefore giving the buyer potential scope for negotiation.

Just because a property has been on the market for a while or it is listed as fixed price does not mean that there is an issue with the property, a whole host of factors can come into play.

Below we have looked at properties that are either listed as fixed price or have been on the market for a few months.

Telford Grove – BTL sitting tenant – Under HR value of £200,000

https://www.rightmove.co.uk/properties/89523094#/?channel=RES_BUY

Loaning Mills – fixed price £160,000

https://www.rightmove.co.uk/properties/110178929#/?channel=RES_BUY

Broughton Road – fixed price – £15,000 under HR

https://www.rightmove.co.uk/properties/110022347#/?channel=RES_BUY

Southouse Drive – offers over £155,000

https://www.rightmove.co.uk/properties/81704368#/?channel=RES_BUY

Abbey Street – offers over £195,000

https://www.rightmove.co.uk/properties/80113446#/?channel=RES_BUY

Do you know how much you can borrow? We are here to help, all you have to do is get in touch!

Check out these posts